Expect market to drop by -4.00% but we could see a bullish steal at the (-0.70%) mark @($57.64) then retry to break the higher high @($59.00). or this situation can be reversed market heads toward the (+0.70%) then drop.
ECN release analysis:
due to CPI being stabilized & inflation in a bearish state combined with a bullish PPI expect prices to drop and ECN deviations stay below pivot points.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.